Lower middle income - Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Lower middle income was 15.10 as of 2020. Its highest value over the past 39 years was 31.00 in 1981, while its lowest value was 14.63 in 2018.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1981 31.00
1982 30.62
1983 29.03
1984 29.95
1985 28.12
1986 26.62
1987 26.48
1988 26.43
1989 23.50
1990 22.77
1991 23.18
1992 21.81
1993 21.39
1994 24.71
1995 23.05
1996 22.71
1997 21.01
1998 21.98
1999 21.39
2000 20.44
2001 21.01
2002 22.17
2003 21.85
2004 20.28
2005 21.08
2006 20.52
2007 19.15
2008 19.51
2009 18.67
2010 18.73
2011 19.67
2012 18.94
2013 18.54
2014 18.18
2015 16.49
2016 15.94
2017 15.07
2018 14.63
2019 14.71
2020 15.10

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments